Wier, Stone, and Hunton look at whether, and if so what type of, graduate education is useful in predicting professional success in accounting. Using a fairly large data set (about 9000 total students), the authors conclude that graduate education does help (and it is not just a selection or halo effect!) but at differing degrees. For instance, performance evaluations for those with a masters in accounting may start off higher than those with a MBA, but longer term, it appears that MBAs win out. VERY INTERESTING! [FinanceProfessor.com Annotation]